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Category: Statistics

link to Statistical Data Analysis in Research

Statistical Data Analysis in Research

Data analysis is taking out meaningful or valuable information from a data set that can be used later in your decision-making process. When you identify and relate the results of your previous...

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link to How To Calculate Critical Value: A Guide with Examples

How To Calculate Critical Value: A Guide with Examples

The critical value is a crucial topic in statistics. No matter what statistical study you're doing or conducting, critical values will always come in handy, and you're going to need a thorough...

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link to Correlation Coefficient Calculator with Steps

Correlation Coefficient Calculator with Steps

The term Correlation Coefficient may sound somewhat scary, but allow me to explain it to you in simpler terms. Have you ever found yourself comparing the effect of one occurrence to another? Well,...

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link to Sampling Techniques: Definition, Types, and Examples

Sampling Techniques: Definition, Types, and Examples

Sampling is an inherent human trait we follow whenever we want to study something, but the domain is huge enough to force us to base our study on a sub-sample only. This is true for most of the...

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link to Top 9 Statistical Tools Used in Research

Top 9 Statistical Tools Used in Research

Well-designed research requires a well-chosen study sample and a suitable statistical test selection. To plan an epidemiological study or a clinical trial, you'll need a solid understanding of the...

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link to Elasticity of Demand Explained in Plain Terms

Elasticity of Demand Explained in Plain Terms

When you think of “elasticity," you probably think of flexibility or the ability of an object to bounce back to its original conditions after some change. The type of elasticity we will discuss in...

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Having been working in Project management, business analysis, and with data science teams to collect, visualize and make needle-moving decisions for the business in the past 5 years, I'd love to learn and share with you all about big data, data science, data analytics, business analytics and how we can use them for far more effective decisions as leaders.

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